Can you point to the indicators that say we are in a recession?
I have been in high finance all of my life. I report, you decide.
Look, I have lived through 3 recessions. This one will be a knockout! We have 300 billion in bad paper. These people will default on their credit cards. Gas is 3+ a gallon....
you can’t be this obtuse. Stay out of the market, or short. Keep your debt down. You are either young, or not rational. I mean you no harm.
Our local economy is so bad, all of the illegals left.
Ok, so you want indicators?
In the last recession, it wasn’t until Nov 2001 that economists actually recognized we were officially in a recession and had been for months. It was about 2 years later they announced that the recession ended in Nov 2001.
In other words, they didn’t even recognize the recession until it had already ended....